DHT Holdings revealed a slump in vessel earnings in the seasonally slow third quarter and confirmed that it locked in a time charter before the dip.
The New York-listed VLCC owner said 48% of its spot market days have been booked at $45,600 per day during the quarter.
With time charter and spot deals combined, the vessels earn an average rate of $42,300 per day, with 61% of total revenue days locked in.
